Automated Border Control Companies - Thales (France) and Secunet Security Networks AG (Germany) are the Key Players
The global automated border control market size is expected to grow from USD 2.1 billion in 2023 to USD 3.9 billion by 2028, at a CAGR of 13.3%. The rising number of international passengers propels the growth of the travel and tourism industry, and increasing security concerns at border crossing points are the major factors driving the market’s growth.
The key players operating in the automated border control market include the major players that operate in different stages in the entire value chain of automated border control; these players are Vision-Box (Portugal), SITA (Netherlands), Secunet Security Networks AG (Germany), IDEMIA (France), and Thales (France). These players have adopted various growth strategies such as product launches and development, agreement, partnership, contract, and collaboration to increase their presence in the global market.
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Thales is one of the key players in the automated border control market. It held a significant share of the automated border control market in 2022. It provides automated border control (ABC) gates and kiosks. Thales has advanced its product offerings and enhanced its existing capabilities through its R&D initiatives. The company strongly emphasizes the development of cutting-edge technologies, positioning itself well to participate in future projects. To support its R&D efforts, the company has established a network of corporate research laboratories across countries such as Canada, the UK, France, the Netherlands, and Singapore. The company develops new products and invests heavily in R&D as it aims to consolidate its position in the automated border control market through organic growth strategies.
Secunet Security Networks AG also holds a significant share of the market. The company provides automated border control systems for all applications, including air, land, and sea. The company generates high growth revenue from these applications. The company spent more in 2022 on R&D than in 2021, which indicates the growth of the company’s product portfolio development. The company focuses on an inorganic growth strategy by signing contracts with other key end users and supporting government projects to expand its market share and meet market demands. Another critical player in the automated border control market is
SITA. The company provides highly reliable automated border control systems for all verticals based on new autonomic technologies. SITA has a focused strategy of investing in internal R&D to offer industry-specific solutions to customers in various industries. SITA strengthens its position in the automated border control market by taking inorganic initiatives, which helps to increase its customer base. The company has the broadest range of border control-based products and services, and its focus is to continually increase its market share by signing agreements.
Related Reports:
Automated Border Control Market by Hardware (Document Authentication System, Biometric Verification System (Facial & Iris Recognition)), Software, Solution Type (Automated Boarding E-gates, Security Checkpoint E-gates, Kiosks) - Global Forecast to 2028
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